SOUTH African Breweries (SAB) has announced the cancellation of  R5-billion ($290 million) of planned investments as a result of revenue losses sustained during a nearly three-month ban on alcohol sales during the coronavirus crisis. The South African drinks industry has been among the hardest hit by restrictions, which included a ban on the sale of alcohol to the end of May, which was reinstated last month to free up space in hospitals burdened by what officials said were avoidable alcohol-related injuries. "The cancellation of this planned expenditure is a direct consequence of having lost 12 full trading weeks, which effectively…